Friday

Dow closes down more than 1,000 points FridayThe Dow Jones Industrial Average dropped 1,008.38 points, or 3.03%, to 32,283.40, after accelerating losses into the close. The S&P 500 fell 3.37% to 4,057.66, and the Nasdaq Composite…

What happened The stock of Teva Pharmaceutical Industries (TEVA 5.63%) closed out the trading week in style, popping by almost 6% on Friday. The generic-drug specialist was the subject of a recommendation…

Justin Sullivan/Getty Images News "Making macroeconomic prognostications is a recipe for disaster," Elon Musk said on Thursday evening, before noting that the US economy is likely to see a "relatively mild recession for something…

More than 1,400 flights scheduled to take place Friday within, coming into or leaving the U.S. have been canceled, according to flight tracking website FlightAware, as airlines continue to struggle with timely departures this summer.…